Dec 20 2010

Operating Cost Benchmarking

Many property mangers and real estate owners frequently scratch their heads wondering whether or not their operating costs are reasonable.

There are many tools available, some free and some more costly, that one can utilize to benchmark operating costs. Let us understand what exactly benchmarking is and then we can take a look at one specific tool, the Building Owners and Managers Association BOMA Experience Exchange Report EER and discuss how you can undertake a meaningful benchmarking exercise.

Keep reading at Corenet Global.

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